Ahmed Khalid
Email: ahmed.khalid@ubd.edu.bn
Ahmed Khalid is Professor of Economics at the Department of Economics, Lahore University of Management Sciences. He holds a PhD in economics from Johns Hopkins University, USA. With a distinguished academic career, he served at Universiti Brunei Darussalam in from May 2015 – July 2024 including his appointment as Dean of UBD School of Business and Economics (July 2016 to June 2021). Throughout his career, Professor Khalid has held positions at prestigious institutions including the Bond Business School, Australia and National University of Singapore. He also worked as Advisor to the Planning Ministry of Pakistan. He has also worked as a visiting consultant for the World Bank and has been associated with various renowned universities and research institutions worldwide. Professor Khalid’s research interests revolve around applied macroeconomics and monetary economics with a focus on FDI, financial reforms, regional integrations and globalization. His contributions in the field of economics are extensive including publications in internationally acclaimed journals, chapters in books and consultancy reports. He has authored 2 books published by Edward Elgar Publishing Co., UK, and has edited 4 books on topics such as GFC, Globalisation and Integration of D8 Muslim countries. His latest edited book by Springer, titled ‘Brunei’s Economic transition is a Shifting Global Asia’ is published by Springer in March 2025.
Papers Published in World Economics:
The Ripple Effects of Economic Sanctions
Economic sanctions on Iran, Pakistan, Russia, and Cuba from 1990 to 2022 restrict trade, and impact population growth and life expectancy, yet paradoxically increases GDP per capita as these countries adapt by diversifying trade partners, though this comes with significant socioeconomic costs. The study reveals that sanctions lead to surging unemployment due to trade disruptions, increase dependency rates, reduce consumer spending, and exacerbate poverty, inequality, and social unrest in the targeted nations. Sanctions destabilise markets in these countries, causing currency depreciation, inflation, and liquidity crises, which hinder investment and economic recovery, amplifying the broader ripple effects throughout their economies.
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